RHEA Update: Sunsetting BRRR Staking
It’s been four months since RHEA Finance rebranded. In that time, we’ve introduced a suite of new features, UI enhancements, updated assets, and more DeFi activities to engage. The momentum continues as we refine our platform for the future.
As part of this evolution, we will begin gradually phasing out $BRRR staking.
What This Means for Users:
- Important: NO ACTION is required for current Stakers. Your existing staked $BRRR will continue functioning as usual, including boosting your lending and borrowing.
- However, adding on/new staking will no longer be available. Once users choose to Unstake, the option to stake again will be disabled.
- You can still Unstake at any time — On one note, re-staking will not be possible after that.
This update is an important step as we prepare for the full $RHEA token launch, and is aligned with our broader vision to unify and simplify the RHEA ecosystem.
A Quick Recap:
$BRRR staking enables extra rewards — Offering higher boosts ratio & APYs through reward multipliers (See image example)
The Next Step:
This transition is part of the bigger picture: the planned merge of $REF and $BRRR into $RHEA. Consolidating the ecosystem under a single token unlocks new possibilities for RHEA Finance — and helps us continue building a more unified, efficient DeFi experience.
We’ll share more information on what this means for $REF and $BRRR holders in the coming weeks.
Thank you for being part of this journey. Your support helps shape the future of RHEA.
About RHEA Finance:
RHEA is the innovative evolution of NEAR’s original DeFi powerhouses — Ref Finance and Burrow Finance, the leading DEX and lending protocols on the NEAR Protocol. This strategic merger and rebrand aim to establish a unified foundation to support the next wave of DeFi projects on NEAR — bringing NEAR DeFi back to where it deserves to be. RHEA serves as the primary liquidity hub and chain-abstracted liquidity layer for these projects — enabling both protocol-level integrations and community incentive mechanisms, all built directly on NEAR’s tech stack, including Chain Abstraction and an AI-powered framework.
